Nothing much to say about today’s tape, other than the divergence in some of the major indexes. Commodities seem to be heating up, with gold moving, but silver moving faster.
Notes:
- GMCR had some profit-taking today throughout the day after re-testing highs. Closed at 80, sold half yesterday at 84.
- OSTK shorts are working. Target still single digits.
- FLWS sold out at loss -7%
- GEOY not a good sign for leadership index. Can’t wait for DGI ipo this Thursday. DigitalGlobe and GeoEye essentially operate a duopoly in the United States. Google owns GEOY. GEOY’s earnings last night.
- HUM approaching short sale point <30
- VIX down relatively hard for a <1 point move on SPX. Bounced off 31.50, so getting ready for next wave of short setups.
My “Vince Carter” Screen spit out 3 stocks today: [[QSII]], [[TEVA]], [[SNDA]] …I feel like an idiot for selling QSII.
Feel accomplished: 2 things I did today that improves me…
- added 2 gb of RAM to one of my computers. Works conspicuously faster! Will add 4 more later.
- Subscribed to Pandora.com, internet radio. Hat-tip to @jrroche
